PBoC carries out record liquidity injection

Chinese authorities relax home-buying rules in Beijing and Shanghai

pboc building
The People’s Bank of China

The People’s Bank of China (PBoC) injected a record of amount of liquidity into the banking system today (December 15), while keeping a key policy rate unchanged.

The PBoC today offered 1.45 trillion yuan ($204.1 billion) worth of policy loans via its one-year medium-term lending (MLF) facility. It kept the rate on the MLF unchanged at 2.5%. 

With 650 billion yuan of one-year MLF loans expiring this month, the operation resulted in a net injection of 800 billion yuan. The amount was the largest

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account